Industry News
SF Magazine: Contract Manufacturing for OEM CFOs
“The CFO’s team should be involved in all outsourcing decisions, including CMO selection and management. Throughout the selection process, the CFO provides leadership and a framework for evaluating decisions and expected results from a cash and operational risk perspective. Perhaps most importantly, finance professionals help evaluate costs, calculate what-if scenarios, and analyze the risks and rewards of different production or logistics options…The CFO identifies relevant costs, drilling down into details such as inbound freight, labor, overhead, capital, and inventory.”